Knorr-Bremse, today announced that the company closed the acquisition of R.H. Sheppard Co., Inc., Hanover, Pennsylvania, USA (“Sheppard”) on June 1, 2020. The contract was signed on January 30, 2020. The purchase price amounts to USD $149.5 million. Sheppard is an industry-leading manufacturer of steering systems for commercial vehicles in the North American market. The acquisition of Sheppard marks another important step in Knorr-Bremse’s strategic drive to become a leading global supplier of commercial vehicle steering systems following its earlier acquisition of the Hitachi steering business in 2019.
Yamazaki Mazak is launching a new high-productivity laser processing machine specifically designed for the high-speed, large lot cutting of small and medium diameter tube.
Lantek, leading multinational in the development and commercialization of CAD-CAM/MES/ERP solutions and pioneer in the digital transformation of companies in the sheet metal industry, reveals the new features and improvements in the latest version of its software - Lantek Global Release 2020.
During boring processes with large depths or unstable machining conditions, vibration often occurs. This vibration degrades the quality of the bore and has a negative effect on the life of the tool.
TOKYO—Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has added “TC9594XBG” and “TC9595XBG,” new interface bridge ICs for automotive In-Vehicle Infotainment (IVI) systems, to its lineup of display interface bridge ICs. Sample shipments start this month.
Achieving zero carbon dioxide and nitrogen oxide emissions is no easy task — especially for those operating gas furnaces. To accelerate the green revolution in aluminium production, Kanthal, part of Sandvik Materials Technology (SMT), is using its expertise in heating technology to ignite a step-change towards clean energy alternatives. In recognition of Kanthal’s success, its landmark “Go Green” testing service has been awarded Sandvik’s first sustainability award.
Renishaw has announced the launch of the inVia InSpect, a new version of its bestselling inVia confocal Raman microscope, optimised for use in forensic laboratories for trace chemical analysis.
The latest release of JAVELIN MRP and production control software from Hexagon introduces the new Despatch Pallet function with automatic allocation of delivery notes to Pallets. Plus, a Master Production Schedule has been launched to manage bottlenecks by levelling the load, leading to increased output and smarter production.